Binary UMDF - Message Specification Guidelines (.PDF, 4.53MB)
In addition to the consumption of Market Data encoded in the FIX/FAST format, the UMDF Platform enables the consumption of Market Data with binary encoding SBE (Simple Binary Encoding), which offers lower latency when compared to encoding in the FIX/FAST format, benefiting mainly high-performance trading systems due to their low encoding and decoding latency.